Stockyclint believes this is a positive announcement and Nvx will attract strategic investor. I do not understand why this is a good news? According to Nvx fundamentals, why this company can attract strategic investors? This company burns cash about 15m to 16m each quarter, most of cash is spending in Staff and Admin costs.
Ann: Becoming a substantial holder, page-8
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Last
73.0¢ |
Change
0.040(5.80%) |
Mkt cap ! $359.6M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 73.5¢ | 68.0¢ | $857.2K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 11198 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |